A 20 year, 100% take-or-pay gas transportation contract has been signed between the joint venture DBPP Group and the miner, with Fortescue already securing Shipper Rights under the Gas Transportation Agreement.

FMG CEO Nev Power welcomed the agreement, stating that “the pipeline to Solomon allows Fortescue to reduce operating costs and play a significant role in cutting emissions by switching stationary power generation from diesel to natural gas”.

“The Fortescue River Gas Pipeline also represents a significant step in the gasification of the East Pilbara to the lasting benefit of the State of Western Australia.

“TransAlta, our existing partner at Solomon, and DDG have outstanding reputations with proven capabilities within the energy infrastructure industry. Their expertise will allow Fortescue to focus on its core business of efficient, low cost delivery of iron ore to customers in China and South East Asia.”

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